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Volpara Health Technologies (ASX:VHT) Goodwill-to-Asset : 0.00 (As of Sep. 2023)


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What is Volpara Health Technologies Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Volpara Health Technologies's Goodwill for the quarter that ended in Sep. 2023 was A$0.00 Mil. Volpara Health Technologies's Total Assets for the quarter that ended in Sep. 2023 was A$74.44 Mil. Therefore, Volpara Health Technologies's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 was 0.00.


Volpara Health Technologies Goodwill-to-Asset Historical Data

The historical data trend for Volpara Health Technologies's Goodwill-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Volpara Health Technologies Goodwill-to-Asset Chart

Volpara Health Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Goodwill-to-Asset
Get a 7-Day Free Trial - 0.11 0.20 0.24 0.27

Volpara Health Technologies Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.24 - 0.27 -

Competitive Comparison of Volpara Health Technologies's Goodwill-to-Asset

For the Health Information Services subindustry, Volpara Health Technologies's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Volpara Health Technologies's Goodwill-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Volpara Health Technologies's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Volpara Health Technologies's Goodwill-to-Asset falls into.



Volpara Health Technologies Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Volpara Health Technologies's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Goodwill to Asset (A: Mar. 2023 )=Goodwill/Total Assets
=20.21/74.15
=0.27

Volpara Health Technologies's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Goodwill to Asset (Q: Sep. 2023 )=Goodwill/Total Assets
=0/74.443
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Volpara Health Technologies  (ASX:VHT) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Volpara Health Technologies Goodwill-to-Asset Related Terms

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Volpara Health Technologies (ASX:VHT) Business Description

Traded in Other Exchanges
Address
40 Mercer Street, Level 14–15, Wellington Central, Wellington, NZL, 6011
Volpara Health Technologies Ltd is a New Zealand-based research, development, and manufacturing company. The business of the company operates through three product categories that include Capital Sales, Software Maintenance Agreements, and Software as a Service. It offers a breast imaging analytics platform that delivers real-time quality assurance and performance monitoring. It operates through the sale of a single suite of medical device software products.

Volpara Health Technologies (ASX:VHT) Headlines

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